Mathematics, 29.04.2021 01:30 Geo777
Suppose price changes of a particular commodity are independent and identically distributed random variables with µ = 1.1 and variance σ2 = 0.16. You collect a sample of 36 such price changes. Use the Central Limit Theorem to compute the probability that the average price change of this sample is less than 1.0.
Answers: 3
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Suppose price changes of a particular commodity are independent and identically distributed random v...
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